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City of Mount Vernon
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Municipality & ACFR Details
Type
City/Town Government
State
Ohio
County
Knox County
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $7.7M. Total assets were $10.1M against total liabilities of $1.2M. For the General Fund, total revenues were $11.6M and expenditures were $8.9M. After other financing sources and uses, the net change in fund balance was $2.4M. The operating margin was 23.3%.